Orbital, a provider of blockchain-based payments, has published a blog post highlighting the importance of USDT payments on TRON in emerging markets. The company processes millions of on-chain transactions each year, valued in the billions of dollars. The post explains that while developed markets have little motivation to adopt crypto payments, the situation is different in emerging markets where major payment networks often have minimal penetration. Stablecoin adoption has been exploding in these markets, with consumers realizing that stablecoins provide access to a digital USD without needing a bank account. The post reveals that 98% of all Orbital stablecoin transactions occurred on the TRON blockchain and 99% of all stablecoin transactions were in Tether’s USDT token. Orbital strongly recommends all merchants and international businesses looking to make or receive payments to/from users in any emerging markets around the world to offer USDT on the TRON blockchain.
Orbital Analysis: Emerging Markets Overwhelmingly Embrace USDT Payments on TRON
This article was published more than a year ago. Some information may no longer be current.
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